The MoU effectively kicks-start a framework agreement for the project, allowing Yinson to engage in the engineering works and commence financing negotiations.
KUALA LUMPUR: Yinson Holdings Bhd
’s exclusive negotiation with Enauta Energia SA for the potential supply and charter of a floating production storage and offloading (FPSO) unit comes as a good substitute following the cancellation of Petrobras’ bids for the Parque das Baleias (PDB) integrated project.
Last Friday, the company announced that its subsidiary Yinson Acacia Ltd had entered into a binding memorandum of understanding (MoU) with Enauta regarding the charter for the Atlanta field in Santos Basin, Brazil.
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